TGS ASA - Company Profile
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Business Description
TGS ASA (TGS) is a leading integrated energy data and services provider that delivers advanced data, intelligence, and technology solutions across the energy value chain. The company serves customers primarily in the oil and gas sector while also supporting carbon capture, utilization and storage (CCUS), offshore wind, solar, and geothermal markets. TGS maintains one of the largest and most diverse energy data libraries, comprising seismic, gravity, magnetic, multibeam, coring, well, wind energy, and CCUS-related datasets. Its services support energy exploration, development, and production activities across global markets.
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Business Segments
Overview
Utilizes advanced geophysical, digital, and high-performance computing technologies to deliver geophysical solutions tailored to the needs of energy companies. Offerings include high-resolution subsurface imaging products developed through proprietary processing and imaging workflows, supported by an extensive multi-client data library.
Performance
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Overview
Acquires proprietary Ocean Bottom Node (OBN) and towed streamer data for clients using advanced acquisition technologies and state-of-the-art equipment. Prioritizes safe and efficient operations and utilizes seven owned vessels, chartered vessels, and proprietary equipment inventory, including more than 30,000 owned OBNs.
Performance
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Overview
Initiates, acquires, processes, and sells energy data to multiple customers on a non-exclusive (multi-client) basis. Holds ownership or exclusive licensing rights to the data and sells these to customers under license agreements. In addition to seismic data, the multi-client library includes several other types of geoscience data such as gravity, magnetics, seep, geothermal, electromagnetic, multibeam, and well data.
Performance
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Overview
Provides market intelligence, data acquisition, and integrated solutions in the CCUS, offshore wind, and solar markets. Offers data-driven solutions and accessible data platforms that support better decision-making while reducing costs, risks, and cycle times.
Performance
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Overview
Includes corporate services along with cross-segment functions such as technology development, data and analytics, data management, and information technology.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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